8.3 Lessor shall be responsible for the insurance policy
premiums for the insurance required under Section 8.1 and shall make payments thereof promptly upon notice from Lessee, or the broker or insurance underwriter. 

 8.4 In the event that, in the opinion of Lessor, the Aircraft is lost, stolen, damaged beyond repair, confiscated, seized or its use appropriated by any government or instrumentality thereof, this Lease shall
terminate and the proceeds of the insurance policy or policies shall be payable to Lessor. 

 **ARTICLE NINE** 

 **TITLE** 

 9.1 Lessor has a leasehold interest in the
Aircraft and has full right, power and authority to sublease the Aircraft to Lessee in accordance with the terms of this Lease. It is expressly understood and agreed that this is a contract of leasing, and that Lessee acquires no ownership, title,
property rights or interests in or to the Aircraft (as defined herein) pursuant to this Lease. 

 9.2 Lessee shall not directly or indirectly create, incur,
assume or suffer to exist any lien on or with respect to the Aircraft. Lessee will promptly, at Lessee’s expense, take such action or any part thereof as may be necessary to discharge any such lien. 

  


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